Philippines Interest Rates

The Philippine economy with a population of 91.98 Million (Est 2009) ranks 36th in the world with a GDP PPP of 320 billion and GDP PPP per capita of 3,516 vs 45,934 (United States) according to the IMF in 2009.Its currency is the Philippine Peso (₱) (PHP) . Bank deposits held for a fixed term in the Philippines are called time deposits. According to its inflation was 9.3% in 2008 and 3.3% in 2009.

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Philippines Bank Interest Rates

Showing rates for 16 Bank deposit providers in Philippines.
Banco De OroBanco De Oro7501968Local
Allied BankAllied Bank6261977Local
Philippine National BankPhilippine National Bank3241916Local
China BankChina Bank3001920N/A
EastWest BankEastWest Bank2551994N/A

Philippines Discussion Activity

  • BPI - Deposits - BPI 1 Year Time Deposit
    Q: I would like to open a cd account for the amount of 1 million ( peso) for 1 year term but I'm residing in USA , what advice can you give me and is that the best investment for my money? I have a family in the Philippines who can do this on my behalf but I would like to know if we can both be in the account . Thanks!

    Lizbeth from Laguna Beach, United States
  • Banco De Oro
    Q: My daughter is in Dubai, she wanted to terminate her time deposit account due to emergency. Can we use Special Power of Attorney to terminate her time deposit account?

    edgardo from Del Rosario, Philippines
  • Loans
    Q: How much is the prevailing interest rate on car loan?

    noemi c marvida from Philippines